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September 5, 2008 9:45:18 AM CDT

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Stories related to: outsourcing

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Stories 1 - 20 of 21

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  • August 2008

    • US Slowdown Hits India's IT Sector Hard

      Wall Street Journal  |  Aug 20, 08 10:00 AM CDT

      US Slowdown Hits India's IT Sector Hard

      (Newser) - The credit crunch that has shifted the US economy into neutral has slowed the growth of India’s tech sector, which once boasted growth rates of 40% in the overall strong economy, the Wall Street Journal reports. The slowdown comes as the sector faces increasing competition from abroad and rising labor costs at home, and a weak dollar eating into profit margins. More »

      Tags

      India  • credit crisis  • technology  • weak dollar  • outsourcing  • Tata Consultancy  • Infosys

    • The Win-Win Economics of Medical Tourism

      Economist  |  Aug 15, 08 2:28 PM CDT

      The Win-Win Economics of Medical Tourism

      (Newser) - The spread of “medical tourism”—uninsured and underinsured patients seeking cheap health care in Southeast Asia or Latin America—has fueled fears that developing nations will divert resources from state health systems caring for their own citizens. But, the Economist argues, “if governments make the best of the boom, then medical tourism should improve the health of rich and poor alike.” More »

  • June 2008

    • Oil Price Spike Brings Jobs Back to US

      Wall Street Journal  |  Jun 13, 08 11:30 AM CDT

      Oil Price Spike Brings Jobs Back to US

      (Newser) - As costs for overseas production and shipping soar, US companies are growing reluctant to outsource manufacturing—and some are even bringing their plants back to America, the Wall Street Journal reports. “In a world of triple-digit oil prices, distance costs money," said an economist. But it’s not just the transport: Raw materials are getting pricier, and workers abroad are calling for more money. More »

      Tags

      oil price  • manufacturing  • outsourcing  • job market  • factory  • transport  • jobs

  • May 2008

    • India's IT Hub Challenging Politics as Usual

      Reuters  |  May 20, 08 3:01 PM CDT

      India's IT Hub Challenging Politics as Usual

      (Newser) - For years, Bangalore—India’s answer to Silicon Valley—has endured traffic jams, power blackouts and a chaotic airport that businesses blame on politicians who’ve ignored the city’s IT elites to court rural voters. Now, Reuters reports, an updated constituency map giving urban voters more clout has hope high for change after state elections end Thursday. More »

      Tags

      India  • election  • outsourcing  • voters  • Bangalore  • tech industry

  • April 2008

    • Indian Phone Banks Tackle US Debt Collection

      New York Times  |  Apr 24, 08 2:20 PM CDT

      Indian Phone Banks Tackle US Debt Collection

      (Newser) - As individuals' debt grows in a tough economy, US debt-collection agencies are expanding into India, where collectors work more cheaply—and are often better, the New York Times reports. Indian collectors are “very polite, very respectful, and they don’t raise their voice,” says one CEO. And a big payout in India can be a quarter of the salary American collectors expect. More »

      Tags

      India  • outsourcing  • consumer debt

  • March 2008
  • January 2008

    • Infosys Profits Up 26% This Quarter

      Associated Press  |  Jan 11, 08 2:21 PM CST

      Infosys Profits Up 26% This Quarter

      (Newser) - Infosys saw its profit go up 25.6% int the October to December quarter, the Indian company said Friday. It credited tax refunds and new outsourcing jobs: the company added 47 clients, including an unnamed European bank and a global brokerage firm, reports AP. Infosys raised its 2007 revenue forecast slightly, but not enough to match investors’ expectations, and its shares dropped by 1.3%. More »

      Tags

      India  • software  • Asian markets  • outsourcing  • Infosys

  • December 2007

    • Pregnancies Outsourced to India

      Associated Press  |  Dec 31, 07 6:54 AM CST

      Pregnancies Outsourced to India

      (Newser) - A town in India, where more than 50 women are currently pregnant with the children of Western couples, has hatched a booming industry in commercial surrogacy, dubbed "wombs for rent." The women in Anand have been impregnated with the sperm and eggs of US, British and other couples unable to conceive—and are paid more than many of them earn in 15 years. They live together and are monitored at the clinic during their pregnancies, which have produced 40 babies to date. More »

      Tags

      India  • pregnancy  • fertility  • outsourcing  • in vitro fertilization  • childbirth  • womb

    • The Latest in Outsourcing: Crowdsourcing

      ComputerWorld  |  Dec 6, 07 11:45 AM CST

      The Latest in Outsourcing: Crowdsourcing

      (Newser) - If you want something done right, have a bunch of strangers do it for you. That’s the ethos behind “crowdsourcing,” a trend that has companies turning to the masses for a host of jobs normally done in-house – from writing code to designing products to conducting market surveys. Companies hope hordes of helpers will speed up development, and invite innovative ideas, ComputerWorld explains. More »

      Tags

      Internet  • Web 2.0  • outsourcing  • research and development

  • November 2007

    • Yes, Virginia, There's a Call Center for That

      Der Spiegel  |  Nov 29, 07 3:14 PM CST

      Yes, Virginia, There's a Call Center for That

      (Newser) - Outsourcing isn't just for tech support anymore—foreign call centers will now take care of arranging the minutiae of your day-to-day life, from hotel reservations to algebra help for the kids. New York-based Ask Sunday, with its service center in India, is just one such purveyor, Der Spiegel reports, for a mere $29 a month. More »

      Tags

      outsourcing

    • Outsourcing Doesn't Stop at India Anymore

      PC World  |  Nov 7, 07 5:07 PM CST

      Outsourcing Doesn't Stop at India Anymore

      (Newser) - If you're mad about your job being outsourced to India, don't worry: it may soon be outsourced to somewhere else. A weak dollar, rising salaries in India, and a high rate of attrition there are leading US companies to look for alternatives to the subcontintent for their outsourcing needs. Still, no single clear alternative has yet emerged, reports PC World . More »

      Tags

      India  • outsourcing

  • October 2007

    • 10 Jobs Not Long for This World

      Forbes  |  Oct 23, 07 9:54 AM CDT

      10 Jobs Not Long for This World

      (Newser) - Getting a job is hard enough—you don't want one that won't be around in five or 10 years. Forbes pulls out its crystal ball to see which jobs are not long for this world: News analysts, reporters, and correspondents Economists Radio announcers Travel agents More »

      Tags

      list  • radio  • unemployment  • farming  • employment  • outsourcing  • job market  • job search  • careers

    • India Tech Consultants Snag Giant Deal

      BusinessWeek  |  Oct 18, 07 6:20 PM CDT

      India Tech Consultants Snag Giant Deal

      (Newser) - Tata Consultancy Service has won a $1.2 billion contract with Neilsen, marking a historical record for an Indian company. TCS will provide the Dutch media powerhouse  with 10 years of infrastructure and financial management, BusinessWeek reports. The deal puts the company on the global finance map, able to compete with outsourcing bigshots like IBM and Accenture. More »

      Tags

      India  • software  • outsourcing  • Nielsen  • Tata Consultancy

  • August 2007

    • Swiss Army Eyes Outsourcing

      Guardian (UK)  |  Aug 3, 07 11:43 AM CDT

      Swiss Army Eyes Outsourcing

      (Newser) - Can a Swiss army knife be made in China and still cut it as an icon? That's become a hot political topic in Geneva since the army announced that, under WTO rules, they have to open up the manufacture of their signature knives to bids from companies in other countries. China, which has been producing knockoffs for years, is thought to have the best chance of scoring the contract, the Guardian reports. More »

      Tags

      China  • Switzerland  • outsourcing  • WTO

  • July 2007

    • Homegrown Surfboards Fade Away

      Los Angeles Times  |  Jul 3, 07 2:43 PM CDT

      Homegrown Surfboards Fade Away

      (Newser) - The era of hand-carved surfboards is ending, even in its birthplace of Southern California, as machines and cheap foreign labor take control of was once a thriving craft. Ten years ago, human hands shaped rigid foam to create 80% of American surfboards, but today that number is less than 20%. The LA Times visits one of the last surfboard artists. More »

      Tags

      California  • outsourcing  • surfing  • surfboard  • foreign labor

  • June 2007

    • Obama Sorry for Hillary Memo

      Time  |  Jun 19, 07 6:02 AM CDT

      Obama Sorry for Hillary Memo

      (Newser) - Barack Obama has apologized for a campaign memo that vilified Hillary Clinton for her financial ties to India and her campaign efforts among Indian Americans. Particularly offensive was a reference to Clinton's affiliation as "(D-Punjab)"; aimed to link her to the sore subject of outsourcing. Obama called it a "dumb mistake," Time reports. More »

      Tags

      Barack Obama  • Hillary Clinton  • India  • outsourcing

  • May 2007

    • Globalization Has a Hard Chocolate Shell

      Los Angeles Times  |  May 31, 07 2:57 PM CDT

      Globalization Has a Hard Chocolate Shell

      (Newser) - In a "global supply-chain transformation," Hershey will slash its domestic workforce and build a plant in Mexico. The chocolate giant projects savings of tens of millions of dollars a year, but the numbers don't mean much in Oakdale, Calif., where 575 employees will be our of their jobs by year's end. The LA Times pays a visit. More »

      Tags

      Mexico  • globalization  • labor  • employment  • outsourcing  • Hershey

    • US Intelligence In Private Hands

      Salon  |  May 31, 07 8:00 AM CDT

      US Intelligence In Private Hands

      (Newser) - Since 9/11, the US government has been upping spending on private intelligence contractors, doling out cash that is often classified and impossible to trace, Salon reports. 70% of all classified intelligence spending goes into private hands, making waste and corruption serious concerns. More »

      Tags

      money  • intelligence  • contractors  • privatization  • outsourcing  • secrecy  • intelligence spending

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